Kimberly-Clark Co. (NYSE:KMB) Plans Quarterly Dividend of $1.26

Key Points

• Kimberly-Clark Co. declared a quarterly dividend of $1.26, with shareholders receiving payment on October 2nd. The dividend yield stands at 3.9%.
• The company's current dividend payout ratio is 66.0%, and analysts project earnings of $7.88 per share for the next year, indicating continued ability to cover the dividend.
• Kimberly-Clark's latest earnings report showed an EPS of $1.92, exceeding expectations, while revenue declined 1.6% from the previous year.

Kimberly-Clark Co. (NYSE:KMB - Get Free Report) announced a quarterly dividend on Friday, August 1st, RTT News reports. Shareholders of record on Friday, September 5th will be paid a dividend of 1.26 per share on Thursday, October 2nd. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Friday, September 5th.

Kimberly-Clark has a payout ratio of 66.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Kimberly-Clark to earn $7.88 per share next year, which means the company should continue to be able to cover its $5.04 annual dividend with an expected future payout ratio of 64.0%.

Kimberly-Clark Price Performance

KMB traded up $0.59 on Tuesday, hitting $133.73. 1,229,448 shares of the company's stock were exchanged, compared to its average volume of 2,319,321. Kimberly-Clark has a fifty-two week low of $124.10 and a fifty-two week high of $150.45. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. The firm has a 50-day moving average price of $131.40 and a 200-day moving average price of $134.72. The stock has a market cap of $44.37 billion, a price-to-earnings ratio of 17.73, a P/E/G ratio of 4.46 and a beta of 0.33.

Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its earnings results on Friday, August 1st. The company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.25. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. During the same quarter in the previous year, the firm posted $1.96 EPS. The business's quarterly revenue was down 1.6% on a year-over-year basis. As a group, equities analysts anticipate that Kimberly-Clark will post 7.5 earnings per share for the current year.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products in the United States. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The company's Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, Softex, and other brand names.